Someone needs to correct the record about all this talk about a $700 billion "cut" to Medicare. Only in Washington, D.C., is a reduction in increased spending considered a cut. Medicare spending will continue to grow, but at a slower rate.
An analogy would be if you expect your employer to give you a $5,000 pay raise next year, but instead, due to budget constraints, gives you a $4,000 pay increase. Do you go around and tell your friends you got a $1,000 pay cut, or a $4,000 pay raise?
— Gary Bettencourt, Chico